coondoggie writes: "It seems well past time that the US ditch its $1 bill, considering such a move could save the country somewhere in the neighborhood of $4 billion. But there is much resistance or perhaps a lack of real consideration of the issue from most people. Watchdogs at the Government Accountability Office this week testified before a Congressional hearing on the topic said dollar coins could save $4.4 billion over 30 years, or an average of about $146 million per year."

Canada has had a dollar coin for many years. I thought when it was brought out that no one would use it, I for one hated it at first. But the banks were instructed to remove the bills from circulation, and very quickly I, and everyone else, got used to the coins.
Now I like the dollar coin. It is kind of nice to be able to reach into your pocket and pay for lunch with coins. Also handy for paying for parking.